MedicX sees strong demand continuing

Healthcare property investor MedicX Fund reported continued strong demand for new purpose-built primary health care facilities as it posted results for the half year to 31 March. Total income during the period was up to £6.2m from £5.7m over the same period the previous year. "MedicX Fund is well positioned to take advantage of its investment pipeline and ensure that its fifth year continues and expands upon the already proven track record of delivering steady and increasing returns from its property portfolio," chairman David Staples said. "With significant opportunities to add to the high quality property portfolio, MedicX Fund is well placed to continue delivering progressive long-term returns to shareholders."